FEC

FG proposes N13.8trn borrowing for 2025 budget

The Federal Executive Council (FEC) yesterday approved a borrowing plan of N13.8 trillion to finance the 2025 proposed budget of N47.9 trillion. Alhaji...

Tinubu Presides Over Crucial FEC Meeting to Unveil 2025 Budget Plans

The much-anticipated meeting of the Federal Executive Council (FEC) is underway with President Bola Tinubu presiding at the State House, Abuja. Thursday’s meeting...

Lagbaja: FEC meeting put off in honour of Army Chief, flags to fly at half-mast

President Bola Tinubu has postponed this week’s Federal Executive Council (FEC) meeting to pay tribute to the late Chief of Army Staff, Lt.-Gen....

Tinubu Receives Briefing on Local Currency Oil Sales Amid Pricing Disputes

President Bola Tinubu has received a briefing from the Implementation Committee on Crude Oil and Refined Products Sales in Local Currency at the...

FEC approves $1.4bln to strengthen NDLEA’s fight against drug trafficking

The Federal Executive Council (FEC) has approved N1.99 billion for the purchase of 33 compressed natural gas (CNG)-powered vehicles and $1.4 billion for...

No attempt to illegally use pension funds for infrastructure development – FG

Minister of Finance Wale Edun has refuted claims that the Federal Government planned to use the N20 trillion pension fund for infrastructure. Edun...

Just in: Investors, tourists to get visas within 48 hours — FG

President Bola Tinubu has approved the establishment of a tripartite committee to streamline visa processes and acquisition for investors interested in investing in...

Pres. Tinubu approves $25bln for Nigeria’s abandoned projects “graveyard”

President Bola Tinubu’s resolve in reviving and closing the gap on Nigeria’s infrastructure deficit hit top gear when he approved the ‘Renewed Hope...

DMO: Wale Edun’s Chapel Hill’s “lucrative contract” to secure $1bln Eurobond for FG, false, inaccurate

The Debt Management Office (DMO) has clarified that recent news reports suggesting the appointment of transaction advisers for a potential Eurobond issuance are...

17 NPC commissioners take oaths of office

President Bola Tinubu swore in 17 federal commissioners of the National Population Commission on Wednesday, before the commencement of the Federal Executive Council...

Emefiele: FG Asks Interpol To Place Three Nigerians On Watchlist Over CBN $6.2m Fraud

The Federal Government has asked the International Police (Interpol) to place three Nigerians on its watch list over alleged forgery and withdrawal of...

$6bn power project: Reprieve as Obasanjo’s Power Minister, Olu Agunloye, gets N50m bail

Reprieve came for a former Minister of Power and Steel, Dr. Olu Agunloye, on Thursday as he was granted a N50 million bail...

Obasanjo’s Power Minister, Olu Agunloye, remanded in Kuje prison

Former Minister of Power and Steel, Dr Olu Agunloye, is to join the inmates of the Kuje Correctional Centre (prison), Abuja, following a...

Varsities, Polytechnics, others removed from FG’s IPPIS

Federal universities, polytechnics and colleges of education forcefully enrolled captured in the Integrated Payroll and Personnel Information System (IPPIS) by the Buhari administration...

Pres. Tinubu swears in ICPC, FCSC chairmen, others

President Bola Tinubu on Wednesday sworn in Dr. Musa Aliyu as the Chairman of the Independent Corrupt Practices and Other Related Offences Commission...

FG to install detection screening equipment at five international airports

The Federal Government is to install customized explosive and narcotic detection screening systems in five international airports in the country. The airports are...